PURCHASE AND ASSUMPTION AGREEMENT WHOLE BANK ALL DEPOSITS AMONG FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER OF FIRST CHOICE COMMUNITY BANK, DALLAS, GEORGIA FEDERAL DEPOSIT INSURANCE CORPORATION and BANK OF THE OZARKS DATED AS OF APRIL 29, 2011Purchase and Assumption Agreement • May 4th, 2011 • Bank of the Ozarks Inc • State commercial banks
THIS AGREEMENT, made and entered into as of the 29th day of April, 2011, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER of FIRST CHOICE COMMUNITY BANK, DALLAS, GEORGIA (the “Receiver”), BANK OF THE OZARKS, organized under the laws of the State of Arkansas, and having its principal place of business in Little Rock, Arkansas (the “Assuming Institution”), and the FEDERAL DEPOSIT INSURANCE CORPORATION, organized under the laws of the United States of America and having its principal office in Washington, D.C., acting in its corporate capacity (the “Corporation”).
PURCHASE AND ASSUMPTION AGREEMENT WHOLE BANK ALL DEPOSITS AMONG FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER OF THE PARK AVENUE BANK, VALDOSTA, GEORGIA FEDERAL DEPOSIT INSURANCE CORPORATION and BANK OF THE OZARKS DATED AS OF APRIL 29, 2011Purchase and Assumption Agreement • May 4th, 2011 • Bank of the Ozarks Inc • State commercial banks
THIS AGREEMENT, made and entered into as of the 29th day of April, 2011, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER of THE PARK AVENUE BANK, VALDOSTA, GEORGIA (the “Receiver”), BANK OF THE OZARKS, organized under the laws of the State of Arkansas, and having its principal place of business in Little Rock, Arkansas (the “Assuming Institution”), and the FEDERAL DEPOSIT INSURANCE CORPORATION, organized under the laws of the United States of America and having its principal office in Washington, D.C., acting in its corporate capacity (the “Corporation”).
